Private Limited Company registration is the most popular choice of young businesses as it protects full interest of members and shareholders.

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Private Limited Company

A Private Limited Company is a type of business structure registered to give a separate legal existence to the business apart from its directors and shareholders. This means that a company continues to exist even after the death of any member. A private company in India can consist of a maximum of 200 members at a time. In a Private Limited Company, the shareholders are considered to be the owners of the company and the directors are responsible for the everyday operations of the business. This ensures that the personal assets of the shareholders and directors are separate from that of the company.

Private Limited Company registration is regulated by the Companies Act, 2013 and the Ministry of Corporate Affairs acts as the regulatory body for registration. To register a Private Limited Company in India, there must be at least 2 directors and 2 shareholders. The most important feature of a Private Limited Company is that it is the most favoured form of business structure by investors as it limits the liability of the investors only to the investment they have made in the company.

A Private Limited Company is a type of business structure registered to give a separate legal existence to the business apart from its directors and shareholders. This means that a company continues to exist even after the death of any member. A private company in India can consist of a maximum of 200 members at a time. In a Private Limited Company, the shareholders are considered to be the owners of the company and the directors are responsible for the everyday operations of the business. This ensures that the personal assets of the shareholders and directors are separate from that of the com
any. Private Limited Company registration is regulated by the Companies Act, 2013 and the Ministry of Corporate Affairs acts as the regulatory body for registration. To register a Private Limited Com

A Private Limited Company is a type of business structure registered to give a separate legal existence to the business apart from its directors and shareholders. This means that a company continues to exist even after the death of any member. A private company in India can consist of a maximum of 200 members at a time. In a Private Limited Company, the shareholders are considered to be the owners of the company and the directors are responsible for the everyday operations of the business. This ensures that the personal assets of the shareholders and directors are separate from that of the company.

Private Limited Company registration is regulated by the Companies Act, 2013 and the Ministry of Corporate Affairs acts as the regulatory body for registration. To register a Private Limited Company in India, there must be at least 2 directors and 2 shareholders. The most important feature of a Private Limited Company is that it is the most favoured form of business structure by investors as it limits the liability of the investors only to the investment they have made in the company.

Cost effective & Transparent Pricing

Basic

Rs. 10000/- inclusive of all fees

Registration of Private Limited Company with Certification of Incorporation, PAN, TAN, GSTIN, 2 DSCs, 2 DINs, 1 Reserve Unique Name (RUN) Approval, Authorised capital of Rs. 1 lakh, incorporation fee and stamp duty*. Inclusive of all government fees and taxes.

Standard

Rs. 13000/- inclusive of all fees

Private limited company registration with Legistify's Incorporation Kit, Certificate of Incorporation, PAN, TAN, Share Certificates, 3 DSCs, 2 DINs, 1 Reserve Unique Name (RUN) Approval, 10 lakh authorised capital, GSTIN, incorporation fee and stamp duty*. Inclusive of all government fees and taxes.

Advanced

Rs. 18000/- inclusive of all fees

Registration of Private Limited Company with Legistify's Incorporation Kit, Certificate of Incorporation, PAN, TAN, 3 DSCs, 2 DINs, 1 Reserve Unique Name (RUN) Approval, Share Certificates, GSTIN, Udyog Aadhaar Certificate, Trademark Registration, 10 lakh authorised capital, incorporation fees and stamp duty*, Inclusive of all government fee and taxes.

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Need Help With Registering A Private Limited Company?

Talk to our Legistify's Inhouse Legal Expert for assistance On 011-331-38-123

Choose the Right Business Type

Compare the features of different business structures to choose the best for your business!

Key Features Private Limited Company Limited Liability Partnership One Person Company Partnership Firm Sole Proprietorship
+ Separate Identity
  The company has a separate identity from its shareholders and can hold property in its own name. The LLP has a separate legal identity from the partners and can sue or be sued in court. The OPC has a separate identity from its director. A Partnership ceases to exit upon the death of one partner. The Proprietorship and the owner are one identity.
+ Limited Liability
  The shareholders and directors have limited liability and are liable only to the extent of their share. The partners are only liable to the extent of their share in the LLP and cannot be held liable personally. The director has limited liability and cannot be held liable beyond his/her share. The partners have unlimited liability and can be personally held liable for the losses of firm. The proprietor has unlimited liability and can be personally held liable for the firm's losses.
+ Transfer of Ownership
  Ownership can be transferred through the transfer of shares. The ownership is transferrable in an LLP. The ownership can be transferred from the director easily. The ownership cannot be transferred from one partner to any other person. The ownership cannot be transferred as the firm and owner are one identity.
+ Number of Members 2-200 2- Unlimited 1 2-20 1
  There must be a minimum of 2 directors and 2 shareholders. The maximum no. of directors is 15 and shareholders is 200. There must be a minimum of 2 partners. There is no limit to the number of members in an LLP. There can only be 1 director and one nominee director in an OPC. There must be a minimum of 2 partners and the maximum number is 20. There can only be 1 proprietor in a sole proprietorship firm.
+ Perpetual Existence
  Company exists even after the death of any member. The LLP keeps on existing even if one partner leaves. The OPC has an unlimited existence and isn;t affected by the director's existence. The partnership firm ceases to exist after the exit or death of one partner. The proprietorship comes to an end with the exit or death of the owner.
+ Tax Benefits Some Many Some Many Few
  Tax rates are applicable in accordance with the existing tax rates. Share of profits are tax free in an LLP. The existing tax rates are applicable to OPC. Share of profits are tax free. Tax rates are applicable in accordance with the personal income of owner.
+ Foreign Members
  Foreign members are allowed after obtaining approval of the Government. The approval of Government is required to add foreign members to the LLP. No foreign members are allowed. No foreigner/ NRI is allowed. No foreigner can start a sole proprietorship.
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Frequently Asked Questions

How many people can start a Private Limited Company?
To incorporate a PLC, there must be at least 2 directors and 2 shareholders. The maximum number of directors in a Private Limited Company is 15 and maximum number of shareholders are 200.
How much capital is required to start a Private Company?
It does not require any minimum amount to be infused as capital. There is no legal requisite to present the proof of capital invested at the time of Private Limited Company registration.
What is a Digital Signature Certificate (DSC)?
A Digital Signature Certificate (DSC) is the digital equivalent (that is electronic format) of physical or paper certificates. Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.
What is Director Identification Number (DIN)?
A Director Identification Number (DIN) is a unique identification number given to an existing or a potential Director of a company.
Can NRIs / Foreign Nationals be a Director?
Yes, a NRI or Foreign National can be a Director in a this form of company after obtaining Director Identification Number.
What is Memorandum of Association (MoA)?
A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a company to define its relationship with shareholders.
What is Articles of Association (AoA)?
The Articles of Association is a document that contains the purpose of the company as well as the duties and responsibilities of its members defined and recorded clearly. It is an important document which needs to be filed with the Registrar of Companies.
What is TAN?
Tax Deduction and Collection Account Number (TAN) is a 10 digit alphanumeric number issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.
What if I already have a DIN. Do I need to get a new one?
No, DIN is issued only once by the Central Government.
Do I need to be physically present for PLC registration?
No, the entire process is completely online. All the documents can be scanned and sent through mail.

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